AL:NYE-Air Lease Corporation (USD)

COMMON STOCK | Rental & Leasing Services | NYE

Last Closing Price

USD 48.54

Change

0.00 (0.00)%

Market Cap

USD 5.54B

Volume

0.64M

Average Target Price

USD 49.33 (+1.63%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2020, the company owned a fleet of 332 aircraft, including 236 narrowbody aircraft and 96 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.

Company Website : http://www.airleasecorp.com

Address : 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067

Employees : 120

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 2.23

52 Week High : 52.79

Short Ratio : 4.81

52 Week Low : 19.69

Shorted Shares : 5,128,575

200 Day Moving Average : 41.20

Shorted Shares Previous Month : 5,638,190

50 Day Moving Average : 48.92

Shares Held By Insiders : 61.42%

Short Percentage : 5.00%

Shares Held by Institutions : 97.5%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-18 )

Largest Industry Peers for Rental & Leasing Services

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PRG PROG Holdings, Inc

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HRI Herc Holdings Inc

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TRTN-PA Triton International Limited

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AYR Aircastle Limited

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FTAI Fortress Transportation and In..

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 USD2.33B 16.54 22.36

ETFs Containing AL

Symbol Name Weight Mer Price(Change) Market Cap
JIGB JPMorgan Corporate Bond R.. 0.00 % 0.14 %

N/A

 USD0.05B

Market Performance

  Market Performance vs.
Industry/Classification (Rental & Leasing Services)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.28% 37% F 53% F
Dividend Return 0.36% 9% F 24% F
Total Return 9.64% 37% F 52% F
Trailing 12 Months  
Capital Gain 104.29% 47% F 80% B-
Dividend Return 2.61% 25% F 38% F
Total Return 106.90% 47% F 80% B-
Trailing 5 Years  
Capital Gain 49.91% 50% F 63% D
Dividend Return 6.92% 50% F 19% F
Total Return 56.83% 50% F 59% F
Average Annual (5 Year Horizon)  
Capital Gain 6.35% 41% F 65% D
Dividend Return 1.18% 55% F 28% F
Total Return 7.53% 41% F 61% D-
Risk Return Profile  
Volatility (Standard Deviation) 34.52% 71% C- 26% F
Risk Adjusted Return 21.82% 47% F 40% F
Market Capitalization 5.54B 94% A 75% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Rental & Leasing Services)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.06 76% C 76% C
Price/Book Ratio 0.91 93% A 81% B-
Price / Cash Flow Ratio 5.08 29% F 64% D
EV/EBITDA 10.69 50% F 67% D+
Management Effectiveness  
Return on Equity 8.83% 53% F 61% D-
Return on Invested Capital 2.47% 21% F 40% F
Return on Assets 2.99% 53% F 63% D
Debt to Equity Ratio 272.03% 22% F 11% F
Technical Ratios  
Short Ratio 4.81 29% F 12% F
Short Percent 5.45% 31% F 43% F
Beta 2.23 17% F 9% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.